HMRC have published the latest advisory fuel rates. These rates are used when an employee has a company car and either wishes to reclaim business mileage from their employer, or an employer pays for fuel but needs to work out the private element to recover from the employee.
The updated rates apply from 1 September 2017 but businesses can continue to operate the previous rates for one month after the introduction.
Rates for the period 1 June 2017 - 31 August 2017 are shown in brackets.
Hybrid cars are treated as either petrol or diesel cars for this purpose. HMRC review rates quarterly on 1 March, 1 June, 1 September and 1 December.